Category: Books
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Thinking, Fast and Slow | Daniel Kahneman
There’s a real demand for overconfidence … TBC
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The true investment objective of growth is not just to make gains but to avoid loss. Fisher, Philip A.. Common Stocks and Uncommon Profits and Other Writings: 40 (Wiley Investment Classics) (p. 196). Wiley. Kindle Edition.
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But investing isn’t about beating others at their game. It’s about controlling yourself at your own game. The Intelligent Investor, Rev. Ed (p. 219). HarperCollins e-books. Kindle Edition.
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The faster you run, the behinder you get
The intelligent investor should conclude that IPO does not stand only for “initial public offering.” More accurately, it is also shorthand for: – It’s Probably Overpriced– Imaginary Profits Only– Insiders’ Private Opportunity or – Idiotic, Preposterous, and Outrageous. The Intelligent Investor, Rev. Ed (p. 154). HarperCollins e-books. Kindle Edition.
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A long-term investor is the only kind of investor there is
Don’t just do something, stand there. It’s time for everyone to acknowledge that the term “long-term investor” is redundant. A long-term investor is the only kind of investor there is. Someone who can’t hold on to stocks for more than a few months at a time is doomed to end up not as a victor…
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Life’s a ride
This is a reminder for myself, Life’s a ride, enjoy it, fall in love with it. But the truth is far less interesting than any of these explanations. The truth is, I thought I wanted something, but it turns out I didn’t. End of story. I wanted the reward and not the struggle. I wanted…
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It’s human being. not human doing, for a reason.
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Trust no future, howe’er pleasant!Let the dead Past bury its dead!Act, –act in the living present!Heart within, and God o’erhead! Henry Wadsworth Longfellow
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“You’ve got to find what you love. And that is as true for your work as it is for your lovers. Your work is going to fill a large part of your life, and the only way to be truly satisfied is to do what you believe is great work.” Steve Jobs
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The practice of innovation
Innovation is the specific tool of entrepreneurs, the means by which they exploit change as an opportunity for a different business or a different service. Peter F. Drucker